• Perth Market Snapshot for the week ending 18 October 2020

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    Perth Market Snapshot For The Week Ending | 18 October 2020 | REIWA

    Sales activity increased one per cent in Perth this week, with REIWA members reporting 900 transactions. 

    This increase can be attributed to a six per cent rise in house sales, four per cent fall in unit sales and 20 per cent fall in vacant land sales over the week.

    Properties for sale

    There were 10,379 properties for sale in Perth at the end of this week, which is in line with last week. 

    A closer look at listing stock levels shows house listings decreased by one per cent, and listings for units and vacant land both remained stable.

    This week's total figure is three per cent lower than levels seen four weeks ago and are 26 per cent lower than levels seen a year ago.

    Perth rental market

    REIWA members reported there were 2,879 properties for rent in Perth at the end of this week, which is three per cent less than last week. 

    This week's rental listings figure is five per cent lower than levels seen four weeks ago and are 53 per cent lower than levels seen a year ago. 

    View our Perth Market Snapshot graph for a detailed breakdown of the past week.